Showing 1 - 10 of 48
Thai leadership change highlights political risk
Business, Fitch Ratings, Published on 21/08/2024
» The Thai parliament's swift approval of new Prime Minister Paetongtarn Shinawatra, who received royal endorsement on Aug 18, should help to preserve policy continuity, but recent developments highlight the potential for the country's volatile politics to have an impact on policymaking and investor confidence.
Thailand affirmed at BBB+, outlook stable
Business, Fitch Ratings, Published on 15/07/2023
» Fitch Ratings has affirmed Thailand's long-term foreign-currency issuer default rating (IDR) at BBB+ with a stable outlook. Among the key ratings drivers are:
Confidence underpins retail recovery
Business, Fitch Solutions, Published on 16/03/2023
» Consumer spending in Thailand will post solid growth over 2022, with real household spending (based on 2010 prices) projected to grow by 4.6% year-on-year.
Growth headwinds mounting in Thailand
Business, Fitch Solutions, Published on 23/02/2023
» According to the latest data released by the National Economic and Social Development Council on Feb 17, Thailand's real GDP growth slowed significantly to 1.4% year-on-year in the fourth quarter of 2022 from 4.6% in the third quarter.
Thailand has stable outlook, BBB+ affirmed
Business, Fitch Ratings, Published on 03/12/2022
» Fitch Ratings has affirmed Thailand's long-term foreign-currency issuer default rating (IDR) at BBB+ with a stable outlook.
Banking on recovery
Business, Fitch Ratings, Published on 19/08/2022
» The credit profiles of Thailand's large banks are expected to benefit from the gradual recovery from the weak economic environment of 2020-21, according to Fitch Ratings. Increased business activity and stable, or slightly improving, net interest margins should support bank revenue.
The commodity price challenge
Business, Fitch Ratings, Published on 17/03/2022
» Credit buffers built up in Asia Pacific countries to withstand risks such as high commodity prices are generally strong, but have been eroded during the Covid-19 pandemic. The impact of energy-market turmoil following the Russian invasion of Ukraine differs significantly for each sovereign debt issuer, but on the whole it is likely to be a headwind for the region.
Amazon and Other Potential Suitors Explore Peloton Deal
Business, Cara Lombardo & Miriam Gottfried & Dana Cimilluca, Published on 07/02/2022
» Peloton Interactive Inc is drawing interest from potential suitors including Amazon.com Inc., according to people familiar with the matter, as the stationary-bike maker's stock slumps and an activist urges it to explore a sale.
Kohl's Gets $9 Billion Bid From Starboard Value Group
Business, Cara Lombardo, Published on 24/01/2022
» A consortium backed by activist hedge fund Starboard Value LP has offered roughly $9 billion to buy department store Kohl's Corp., according to people familiar with the matter.
Medical tourism looking up
Business, Fitch Solutions, Published on 14/01/2022
» The healthcare and medical devices markets of many emerging economies are poised to benefit from a revival of medical tourism in 2022 as strict travel restrictions around the world are relaxed.